During the flood, upstream where water first accumulates, the depth of water on the flood plains may be barely over the tops of the natural levees, but downstream the water piles up because it does not flow very fast downhill on a nearly flat surface.
In addition to these exemptions, certain benefit arrangements do not fall under ERISAâs definition of a welfare benefit plan. ERISA generally does NOT apply to the following arrangements: Adoption assistance plans ; Section 125 prem ium -only plans (although the planâs benefit components may be subject to ERISA);
service providers are potentially subject to the various liability and penalty provisions of ERISA. Given the importance of these fiduciary duties and the related potential liability, it is. important for advisors to plan clients to develop an awareness of the related rules.